Senvion concludes five orders in Belgium totaling 45 megawatts

DGAP-News: Senvion S.A. / Key word(s): Incoming Orders

10.05.2017 / 09:54
The issuer is solely responsible for the content of this announcement.

Senvion concludes five orders in Belgium totaling 45 megawatts
New contracts confirm competitiveness of the Senvion product portfolio

Hamburg/Courbevoie: Senvion, a leading global manufacturer of wind turbines, has won five contracts in Belgium totaling 45 megawatts (MW) for the Senvion 3.4M114, 3.0M122 and MM100 turbines. The five contracts are with a range of clients and consist of three projects located in the Walloon region and two in the Flanders region.

Nivelles project, located in Walloon and developed by Ventis S.A, has been agreed on a turnkey basis with Senvion responsible for the foundation works and the delivery of four Senvion 3.4M114 turbines. The installation and commissioning are planned for summer 2017. Senvion will also install five MM100 turbines for the Molenbaix wind farm, developed by Eneco and the Cooperative CLEF, and four MM100 turbines for the Moulins Saint Roch wind farm, developed by Ipalle. The commissioning is due to be completed at the beginning of 2018 for Moulins Saint Roch and in spring 2018 for Molenbaix.

In the Flanders region, the Meerhout wind farm, developed by Engie Electrabel and which will be operated by Wind4Flanders, will consist of three 3.4M114 turbines. Minderhout wind farm, developed by Storm, will be equipped with one 3.0M122 turbine at 180 metres tip height. Both Meerhout and Minderhout are planned to be installed for autumn 2017 with commissioning due by the end of this year.

Senvion has agreed full maintenance service contracts for the Nivelles, Molenbaix, Moulins Saint Roch and Minderhout wind farms for 15 years with an extension up to 20 years. Senvion will also provide the maintenance for the Meerhout wind farm for five years with an extension up to 15 years.

Active in the Belgian market since 2004, Senvion has installed nearly 700 MW in the country and is the second largest wind turbine manufacturer with 30% cumulative onshore and offshore market share.

Jürgen Geissinger, CEO of Senvion said: "We are pleased Senvion is continuing to strengthen its position in Belgium with the signature of these contracts. These projects effectively demonstrate how Senvion can address its clients' diverse expectations with a comprehensive product and service portfolio. Senvion has a strong track record in in the Belgian wind energy market, with both onshore and offshore projects, and we are looking forward to continuing to build further successes in the country with our clients."

Olivier Perot, Managing Director of Senvion South West Europe, added: "I would like to thank our clients for their confidence in Senvion which reflect our capabilities to offer tailor-made, flexible solutions. We are also proud to continue our long-term partnerships with our clients, as well as with local suppliers during the construction phase, such as for Nivelles wind farm involving Belgian companies as Dufour (craning) and BAM Galère (foundations). This demonstrates how wind energy and Senvion are making a valuable contribution to the Belgian industrial supply chain."

About Senvion:
Senvion is a leading global manufacturer of onshore and offshore wind turbines. The company develops, produces and markets wind turbines for almost any location - with rated outputs of 2 MW to 6.15 MW and rotor diameters of 82 metres to 152 metres. Furthermore, the company offers its customers project specific solutions in the areas of turnkey, service and maintenance, transport and installation, as well as foundation planning and construction. The systems are designed at the Senvion TechCenter in Osterrönfeld and manufactured at its German plants in Husum (North Friesland), Trampe (Brandenburg) and Bremerhaven, as well as Portugal. With approximately 4,500 employees worldwide, the company makes use of the experience gained from the manufacture and installation of more than 6,600 wind turbines around the world. The company's operational subsidiary Senvion GmbH is based in Hamburg and represented by distribution partners, subsidiaries and participations in European markets such as France, Belgium, the Netherlands, the UK, Italy, Romania, Portugal, Sweden, and Poland as well as on a global level in the USA, China, Australia, Japan, India and Canada. Senvion S.A. is listed on the Prime Standard of the Frankfurt Stock Exchange.

Senvion press contacts:
Immo von Fallois
phone: +49 40 5555 090 3770
mobile: +49 172 6298 408
Delphine Hochepot
Phone.: +33 (0)1 41 38 17 59
Mobile: +33 (0)6 46 16 12 25

Senvion Investor Relations contact:
Dhaval Vakil
phone: +44 20 7034 7992
mobile: +44 7788 390 185

10.05.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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